Civic Intelligence

Foundation for Peace

990 • Fiscal year 2021 • EIN 55-0810709

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 07, 2022

Organization ProfileWWW.FOUNDATIONFORPEACE.ORG
PO Box 61394King Of Prussia, PA 19406

(973) 988-1484

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.53x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

0.76x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

20th percentile

-6.7%

Higher net margin than 20% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

78th percentile

37%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-39%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$966,357

Up $262,378 (+37%) from 2020

Net Assets

Down

$455,612

Down $87,444 (-16%) from 2020

Liabilities

Up

$510,745

Up $349,822 (+217%) from 2020

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin20th percentile

Revenue

Down

$671,828

Down $428,126 (-39%) from 2020

Expenses

Down

$716,552

Down $431,561 (-38%) from 2020

Net Income

Up

-$44,724

Up $3,435 (+7.1%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2010: $314,697Liabilities 2010: $94,933Net Assets 2010: $219,7642010Assets 2011: $274,938Liabilities 2011: $58,588Net Assets 2011: $216,3502011Assets 2012: $356,071Liabilities 2012: $30,489Net Assets 2012: $325,5822012Assets 2013: $336,009Liabilities 2013: $11,099Net Assets 2013: $324,9102013Assets 2014: $409,978Liabilities 2014: $0Net Assets 2014: $409,9782014Assets 2015: $434,313Liabilities 2015: $39,112Net Assets 2015: $395,2012015Assets 2016: $455,465Liabilities 2016: $0Net Assets 2016: $455,4652016Assets 2017: $600,203Liabilities 2017: $0Net Assets 2017: $600,2032017Assets 2018: $542,977Liabilities 2018: $0Net Assets 2018: $542,9772018Assets 2019: $586,629Liabilities 2019: $0Net Assets 2019: $586,6292019Assets 2020: $703,979Liabilities 2020: $160,923Net Assets 2020: $543,0562020Assets 2021: $966,357Liabilities 2021: $510,745Net Assets 2021: $455,6122021Assets 2022: $770,171Liabilities 2022: $509,495Net Assets 2022: $260,6762022Assets 2023: $840,961Liabilities 2023: $515,038Net Assets 2023: $325,9232023Assets 2024: $964,768Liabilities 2024: $488,493Net Assets 2024: $476,2752024

Highlighted filing

2021

Assets$966,357
Liabilities$510,745
Net Assets$455,612
Open 2021 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,630,4652010Expenses 2011: $7,361,6552011Expenses 2012: $2,069,2962012Revenue 2013: $2,542,943Expenses 2013: $2,544,362Net Income 2013: -$1,4192013Revenue 2014: $2,410,479Expenses 2014: $2,330,808Net Income 2014: $79,6712014Revenue 2015: $2,582,665Expenses 2015: $2,576,534Net Income 2015: $6,1312015Revenue 2016: $1,711,229Expenses 2016: $1,650,607Net Income 2016: $60,6222016Revenue 2017: $3,763,766Expenses 2017: $3,620,655Net Income 2017: $143,1112017Revenue 2018: $2,443,641Expenses 2018: $2,498,077Net Income 2018: -$54,4362018Revenue 2019: $2,711,300Expenses 2019: $2,671,141Net Income 2019: $40,1592019Revenue 2020: $1,099,954Expenses 2020: $1,148,113Net Income 2020: -$48,1592020Revenue 2021: $671,828Expenses 2021: $716,552Net Income 2021: -$44,7242021Revenue 2022: $659,033Expenses 2022: $758,028Net Income 2022: -$98,9952022Revenue 2023: $1,012,688Expenses 2023: $1,011,387Net Income 2023: $1,3012023Revenue 2024: $1,016,516Expenses 2024: $888,854Net Income 2024: $127,6622024

Highlighted filing

2021

Revenue$671,828
Expenses$716,552
Net Income-$44,724
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 7, 2022
Return Version
2021v4.2
Gross Receipts
$671,828
Mission and Program Overview

Mission

The foundation for peace is a 501(c)(3) not-for profit organization dedicated to education in the united states and to working hand in hand with people in materially impoverished areas of the dominican republic, haiti, and kenya to provide educational support, healthcare access, economic opportunity and hope. We work together as long-term partners in solidarity to enable personal success and community achievement. We believe this will result in sustainable and successful initiatives that relieve the effects of poverty, encourage personal growth, and overcome injustice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$29,634$416,048▲ $386,414
Land, Buildings, and Equipment, Net$200,774$196,601▼ $4,173
Cash and Non-Interest-Bearing Accounts$351,045$153,930▼ $197,115
Investments in Publicly Traded Securities$27,126$106,778▲ $79,652
Accounts Receivable$15,400$13,000▼ $2,400
Total Assets$703,979$966,357▲ $262,378
Other Assets Total$80,000$80,000→ $0
Liabilities
Other Liabilities$158,531$500,000▲ $341,469
Accounts Payable and Accrued Expenses$2,392$10,745▲ $8,353
Total Liabilities$160,923$510,745▲ $349,822
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$543,056$455,612▼ $87,444
Total Net Assets Fund Balance$543,056$455,612▼ $87,444
Total Liabilities and Net Assets / Fund Balance$703,979$966,357▲ $262,378

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$87,626$79,286$166,912
Land$108,975-$108,975
Equipment$0$90,287$90,287
Other Assets Org$80,000--
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Frank SperanzaChairman
Wendy PatchinCo-chairman
Kenneth CulverPresident and Executive Di
Joy Fowler SpragensVice President
Rosalina Cardona MartinezVice President
Betty JeanTrustee
Bob BroezeTrustee
Bruce JonesTrustee
Judy JonesTrustee
Kelli ReganTrustee
Scott CoapmanTrustee
Cindy AllowaySecretary
Jeffrey SpragensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$645,271
Program Service Revenue
$22,931
Investment Income
$3,626
Other Revenue
$0
All Other Contributions
$636,740
Change in Net Assets
$-44,724

Audited Revenue Reconciliation

Revenue per Audited Statements
$671,828
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-42,720
Total Revenue per Audited Statements
$629,108
Total Revenue per Form 990
$671,828
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$515,072
Other Expenses$201,480
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$515,072--$515,072
Information Technology$48,799--$48,799
Advertising-$22,910-$22,910
Fees for Services Accounting-$12,442-$12,442
Interest-$10,745-$10,745
Depreciation Depletion$4,019$154-$4,173
Fees for Services Legal-$3,485-$3,485
Other Expenses$91,837$3,396-$3,396
Insurance-$2,320-$2,320
Fees for Services Other-$950-$950
Office Expenses-$423-$423
Total Functional Expenses$659,727$56,825$0$716,552

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$716,552
Total Expenses per Audited Statements$716,552
Total Expenses per Form 990$716,552
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
2
Employees
0
Spending
$431,923

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Dominican RepublicProgram ServicesEducation, Medical Care, Clean Water1-$201,259
HaitiProgram ServicesEducation, Medical Care, Clean Water1-$179,783
KenyaProgram ServicesEducation, Medical Care0-$50,881
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Economic Injury Disaster Loan$500,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Jeff spragens, treasurer, and joy spragens, vice-president, are spouses. Bruce and judy jones trustees, are spouses.”

Form 990, Part VI, Section B, Line 11B

“Foundation for peace has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is provided to the members of the organizations governing body for any comments prior to its submission. The governing body is provided with a reasonable amount of time to review the form 990. Any comments are then grouped, summarized and provided through management to the outside accounting firm. Any applicable issues are addressed prior to the return being finalized and approved for filing.”

Form 990, Part VI, Section B, Line 12C

“Foundation for peace currently has in place a conflict of interest policy which it regularly monitors and enforces. The board mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, governing body and management will investigate the issue. If a conflict of interest is determined to exist management and the governing body will be notified immediately. The member will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time that there is no longer a conflict.”

Form 990, Part VI, Section B, Line 15

“The organization does not compensate any officers and does not have employees.”

Form 990, Part VI, Section C, Line 19

“Foundation for peace makes its form 990 available for public inspection as required under section 6104 of the internal revenue code upon written request at the organizations office at p.o. Box 61394 king of prussia, pa 19406 in addition form 1023 as well as the financial statements, and conflict of interest policy are available upon written request at the organizations office at p.o. Box 61394 king of prussia, pa 19406 form 990 is also available at the organization's website www.foundationforpeace.org”

Filing and Contact Details

Filer

Filer Name
Foundation for Peace
EIN
55-0810709
Phone
9739881484
Address
PO BOX 61394, KING OF PRUSSIA, PA 19406

Signing Officer

Name
Kenneth Culver
Title
President
Phone
9739881484
Signed
2022-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Culver
Formed
2003
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
31

Preparer

Firm
Nisivoccia Llp
Address
200 VALLEY RD SUITE 300, MT ARLINGTON, NJ 07856
Preparer
Anthony Rispoli
Phone
9733281825
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

“There was no change from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a not-for-profit corporation as described in section 501(c)(3) of the internal revenue code and is thereby exempt from federal income taxes on related income pursuant to section 501(a) of the code. The organization is also exempt under title 15 of the state of new jersey corporations and associations not for profit act. The organization is exempt in the state of pennsylvania. Accordingly, no provision for federal or state income taxes has been presented in the accompanying financial statements. As required by law, the organization files informational returns with both federal and new jersey state governments on an annual basis - form 990 with the internal revenue service, form cri-300r with new jersey and form bco-10 with pennsylvania. These returns are subject to examination by these authorities within certain statutorily defined periods for both federal and the state of new jersey.”

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IRS990/ActivityOrMissionDesc0THE FOUNDATION FOR PEACE IS A 501(C)(3) NOT-FOR PROFIT ORGANIZATION DEDICATED TO EDUCATION IN THE UNITED STATES AND TO WORKING HAND IN HAND WITH PEOPLE IN MATERIALLY IMPOVERISHED AREAS OF THE DOMINICAN REPUBLIC, HAITI, AND KENYA TO PROVIDE EDUCATIONAL SUPPORT, HEALTHCARE ACCESS, ECONOMIC OPPORTUNITY AND HOPE. WE WORK TOGETHER AS LONG-TERM PARTNERS IN SOLIDARITY TO ENABLE PERSONAL SUCCESS AND COMMUNITY ACHIEVEMENT. WE BELIEVE THIS WILL RESULT IN SUSTAINABLE AND SUCCESSFUL INITIATIVES THAT RELIEVE THE EFFECTS OF POVERTY, ENCOURAGE PERSONAL GROWTH, AND OVERCOME INJUSTICE.
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IRS990/Desc0OBJECTIVE: OUR MISSION TEAMS PUT INTO ACTION OUR MISSION STATEMENT - WE CAN'T DO EVERYTHING, BUT WE'LL DO ANYTHING! FOUNDATION FOR PEACE WORKS HAND IN HAND ON HEALTH, EDUCATION AND COMMUNITY INITIATIVES IN THE DOMINICAN REPUBLIC, HAITI AND KENYA. OUR FLEXIBLE PARTNERSHIP APPROACH LETS US SAY "YES" TO COMMUNITIES' GREATEST NEEDS, LEADING TO NEW OPPORTUNITIES AND LASTING RELATIONSHIPS.ACCOMPLISHMENTS: DUE TO THE COVID-19 PANDEMIC, WE HAD 31 VOLUNTEERS, MOST OF THEM AS PARTICIPANTS ON TWO MISSION TEAMS IN 2021; 1 TO KENYA AND 1 TO THE DOMINICAN REPUBLIC. THEREFORE WE FOCUSED ON RESPONDING TO THE EARTHQUAKE AND OUR ONGOING PARTNERSHIPS.HAITI HIGHLIGHTS:- THE MEN NAN MEN PROFESSIONAL SCHOOL CONTINUED CLASSES IN GANTHIER AND IN OUR MISSION HOUSE IN SANTO. IN 2021, ABOUT 400 STUDENTS PARTICIPATED IN CLASSES IN ENGLISH, SPANISH, FRENCH, COOKING, SEWING, TILING, COMPUTER, AND ELECTRICAL.- FFP CONTINUED TO PROVIDE EDUCATION, SECURITY AND OTHER BASIC NEEDS FOR THE CHILDREN AT THE CAD ORPHANAGE.- FFP RESPONDED TO THE EARTHQUAKE BY REPAIRING WALLS, ROOFS AND FLOORS OF HOMES AND SCHOOLS. FFP ALSO DISTRIBUTED HYGIENE KITS AND MEDICAL SUPPLIES AFTER THE EARTHQUAKE TO THE COMMUNITIES OF LES CAYES (THE EPICENTER) AND PORT-SALUT.- WE PROVIDED MORE THAN 75 FAMILIES AFFLICTED BY PERSISTENT PHYSICAL CHALLENGES WITH FOOD AND TUITION FUNDS FOR THEIR CHILDREN IN HAITI.- WE CONDUCTED FOOD DISTRIBUTIONS IN THE COMMUNITY OF KWAKOK.- FFP SUCCESSFULLY OBTAINED 150 HAITIAN BIRTH CERTIFICATES FOR UNDOCUMENTED PEOPLE OF HAITIAN ORIGIN IN THE COMMUNITIES OF EL BATEY, PALO BONITO AND GUAYABAL. KENYA HIGHLIGHTS:- WE HAD OUR FIRST MISSION TRIP IN 2 YEARS!- WE CELEBRATED COMPLETION OF THE LIVING WORD CHURCH (LWC) SANCTUARY AND A DEDICATION OF ITS COMMUNITY CENTER. - THE TEAM VISITED HIV/AIDS PATIENTS WITH VOLUNTEER CHURCH CAREGIVERS AND PROVIDED 45 FAMILIES WITH FOOD AND MEDICAL CARE.- WE PARTNERED WITH LOCAL MEDICAL PERSONNEL AND LWC TO CONDUCT A TWO-DAY MEDICAL CAMP IN THE COMMUNITY CENTER FOR THE BROADER COMMUNITY, SEEING NEARLY 600 PATIENTS.- PARTNERED WITH KENYAN PROFESSIONALS TO HOLD TRAINING CLASSES FOR LOCAL TEACHERS AND MEDICAL SEMINARS FOR BROADER COMMUNITY. - AT THE TUMAINI SCHOOL, THE TEAM TAUGHT CLASSES AND PRESENTED A BIBLE SCHOOL PROGRAM FOR THE STUDENTS.DOMINICAN REPUBLIC HIGHLIGHTS:- WE HAD OUR FIRST MISSION TRIP IN 18 MONTHS!- WE PROVIDED EDUCATION ABOUT COVID-19 VACCINATIONS AND HELPED MANY GET THE DOCUMENTS NEEDED TO QUALIFY FOR FREE VACCINATION PROGRAMS- WE ORGANIZED AND RAN MULTIPLE COVID-19 VACCINE CLINICS IN THE COMMUNITIES OF EL BATEY AND KILOMETER 3 IN PARTNERSHIP WITH THE LOCAL HEALTH DEPARTMENT (PHOTO BELOW MIDDLE)- WE CONDUCTED FOUR FOOD AND MASK DISTRIBUTIONS FOR THE VULNERABLE- WE PROGRESSED ON THE RENOVATION OF THE HEALTH AND WELLNESS CENTER IN SANTO DOMINGO- WE HELPED BUILD AND PAINT THREE NEW HOUSES WITH THE LOCAL EL BATEY COMMUNITY- WE DISTRIBUTED MANY DONATIONS FROM THE US INCLUDING 30 PILLOWCASE DRESSES TO GIRLS IN EL BATEY- WE SUPPORTED MORE THAN 75 STUDENTS IN VOCATIONAL TRAINING CLASSES INCLUDING SEWING, BEAUTY AND BARBERING- HUNDREDS OF FACEMASKS WERE MADE AND DISTRIBUTED BY WOMEN IN THE SEWING CLASS FOR THE WHOLE COMMUNITY, USING FABRIC AND RESOURCES PROVIDED BY FFP DONORS.
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IRS990/Form990PartVIISectionAGrp/PersonNm12WENDY PATCHIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT AND EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12CO-CHAIRMAN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt08531
IRS990/GrantAmt0515072
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0671828
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt048799
IRS990/InsuranceGrp/ManagementAndGeneralAmt02320
IRS990/InsuranceGrp/TotalAmt02320
IRS990/InterestGrp/ManagementAndGeneralAmt010745
IRS990/InterestGrp/TotalAmt010745
IRS990/InvestmentIncomeGrp/ExclusionAmt03626
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03626
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt0106778
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IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION FOR PEACE IS A 501(C)(3) NOT-FOR PROFIT ORGANIZATION DEDICATED TO EDUCATION IN THE UNITED STATES AND TO WORKING HAND IN HAND WITH PEOPLE IN MATERIALLY IMPOVERISHED AREAS OF THE DOMINICAN REPUBLIC, HAITI, AND KENYA TO PROVIDE EDUCATIONAL SUPPORT, HEALTHCARE ACCESS, ECONOMIC OPPORTUNITY AND HOPE. WE WORK TOGETHER AS LONG-TERM PARTNERS IN SOLIDARITY TO ENABLE PERSONAL SUCCESS AND COMMUNITY ACHIEVEMENT. WE BELIEVE THIS WILL RESULT IN SUSTAINABLE AND SUCCESSFUL INITIATIVES THAT RELIEVE THE EFFECTS OF POVERTY, ENCOURAGE PERSONAL GROWTH, AND OVERCOME INJUSTICE.
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0455612
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0455612
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0423
IRS990/OfficeExpensesGrp/TotalAmt0423
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt080000
IRS990/OtherAssetsTotalGrp/EOYAmt080000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISSION TRIPS
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03396
IRS990/OtherExpensesGrp/ProgramServicesAmt091837
IRS990/OtherExpensesGrp/TotalAmt091837
IRS990/OtherExpensesGrp/TotalAmt13396
IRS990/OtherLiabilitiesGrp/BOYAmt0158531
IRS990/OtherLiabilitiesGrp/EOYAmt0500000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KENNETH CULVER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MISSION TRIP FEES
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYOtherRevenueAmt010000
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IRS990/PYRevenuesLessExpensesAmt0-48159
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01148113
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01099954
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-44724
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt022931
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0416048
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0926663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02071466
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01726519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03124833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08494752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03626
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0173
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0902
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0163
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04893
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02184594
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt010000
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IRS990ScheduleA/PublicSupportPY170Pct00.99870
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0926663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02071466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01726519
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03124833
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08494752
IRS990ScheduleA/TotalSupportAmt08509645
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt087626
IRS990ScheduleD/BuildingsGrp/DepreciationAmt079286
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0166912
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt090287
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt090287
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0716552
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0108975
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0108975
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-42720
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt080000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ECONOMIC INJURY DISASTER LOAN
IRS990ScheduleD/RevenueNotReportedAmt0-42720
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0671828
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS THEREBY EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. THE ORGANIZATION IS EXEMPT IN THE STATE OF PENNSYLVANIA. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS REQUIRED BY LAW, THE ORGANIZATION FILES INFORMATIONAL RETURNS WITH BOTH FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, FORM CRI-300R WITH NEW JERSEY AND FORM BCO-10 WITH PENNSYLVANIA. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR BOTH FEDERAL AND THE STATE OF NEW JERSEY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt080000
IRS990ScheduleD/TotalExpensesPerForm990Amt0716552
IRS990ScheduleD/TotalLiabilityAmt0500000
IRS990ScheduleD/TotalRevenuePerForm990Amt0671828
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0629108
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0716552
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1179783
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt250881
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0DOMINICAN REPUBLIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1HAITI
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2KENYA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EDUCATION, MEDICAL CARE, CLEAN WATER
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1EDUCATION, MEDICAL CARE, CLEAN WATER
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2EDUCATION, MEDICAL CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0MEDICAL, EDUCATIONAL, AND OTHER SUPPLIES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt1MEDICAL, EDUCATIONAL, AND OTHER SUPPLIES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt2MEDICAL, EDUCATIONAL, AND OTHER SUPPLIES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt0201259
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt1179783
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt250881
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0DOMINICAN REPUBLIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1HAITI
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2KENYA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0EDUCATION, MEDICAL CARE, CLEAN WATER
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1EDUCATION, MEDICAL CARE, CLEAN WATER
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2EDUCATION, MEDICAL CARE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt0431923
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT AND DIRECTOR OF GLOBAL MISSIONS OVERSEE ALL MONETARY TRANSACTIONS, WHETHER IN THE UNITED STATES OR IN A FOREIGN COUNTRY.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1FAIR MARKET VALUE.

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$966,357
Liabilities
$510,745
Net assets
$455,612
Revenue
$671,828
Expenses
$716,552
Net income
-$44,724
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.49$0.48$1.02$0.89$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.84$0.52$0.33$1.01$1.01$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.51$0.26$0.66$0.76$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.51$0.46$0.67$0.72$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.16$0.54$1.10$1.15$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$2.71$2.67$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$2.44$2.50$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$3.76$3.62$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$1.71$1.65$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.04$0.40$2.58$2.58$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$2.41$2.33$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.32$2.54$2.54$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.03$0.33$2.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.06$0.22$7.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.09$0.22$2.63